April 9, 2025- The U.S. House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence held a hearing entitled “American Innovation and the Future of Digital Assets...more
March 28, 2025 - The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter that provides new guidance for FDIC-supervised institutions engaging or seeking to engage in crypto-related activities...more
December 18, 2024- The Federal Open Markets Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/4 to 4-1/2 percent. The Board of Governors of the Federal Reserve System...more
April 23, 2024- The Commodity Futures Trading Commission (CFTC) approved final rules to amend its swap execution facility (SEF) regulations related to uncleared swap confirmations to address issues which have been...more
February 21, 2024- The Federal Reserve Bank of New York published the Empire State Manufacturing Survey supplemental report entitled, "Businesses Expect Costs, Prices, Wages, and Inflation to Continue Moderating."...more
December 19, 2023- U.S. House Committee on Financial Services Chair Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike Rounds (R-SD) led 76 of their colleagues in...more
December 14, 2023 - FSOC Issues Annual Report- The Financial Stability Oversight Council released its 2023 annual report reviewing financial market developments, describing potential emerging threats to U.S. financial...more
December 12, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Examining the Agenda of Regulators, SROs, and Standards-Setters for Accounting, Auditing."...more
December 7, 2023- U.S. Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Tim Scott (R-S.C.) and Banking Committee Republicans are calling on Federal Deposit Insurance Corporation Chairman Martin...more
November 21, 2023- The U.S. Department of the Treasury, through the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and IRS Criminal Investigation (CI), has settled with Binance...more
November 6, 2023- The Bank of England, Prudential Regulation Authority, and UK Financial Conduct Authority published their proposed approach to innovation in payments, money and money-like instruments. The proposals are...more
October 17, 2023- Senior officials from the Federal Reserve Board, Bank of England, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, and Securities and Exchange Commission convened a hybrid...more
September 11, 2023- The Federal Reserve Bank of New York's Center for Microeconomic Data released the August 2023 Survey of Consumer Expectations, which shows that inflation expectations were largely stable, rising...more
September 7, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Perspectives on Challenges in the Property Insurance Market and the Impact on Consumers."...more
July 10, 2023- Board of Governors of the Federal Reserve System (Federal Reserve) Vice Chair for Supervision Michael S. Barr gave a speech at the Bipartisan Policy Center entitled, "Holistic Capital Review."...more
June 29, 2023- Federal financial institution regulatory agencies today jointly issued a final policy statement on commercial real estate loan accommodations and workouts....more
Federal Reserve Board- Results of 2023 bank Stress Test Released- The Board of Governors of the Federal Reserve Board (Federal Reserve) released the results of its annual stress test, documenting that the nation's...more
June 21, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing on the following nominations: •The Honorable Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the...more
June 20, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) Office of Inspector General released a report entitled, "The Board Can Enhance Its Procedures and Controls for Protecting Confidential...more
April 5, 2023- The U.S. Department of the Treasury's Office of Foreign Assets Control took action to designate Genesis Market, for its part in the theft and sale of device credentials and related sensitive information....more
March 30, 2023- The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending, promote economic development, and combat unlawful discrimination....more
March 24, 2023- Members of the Senate Banking Committee Republicans are demanding answers and seeking records from the Board of Governors of the Federal Reserve System (Federal Reserve) and the Federal Reserve Bank of San...more
March 23, 2023- Senior Leadership in Senate Committee on Banking, Housing, and Urban Affairs (Committee) sent letters to Gregory Becker, former CEO of Silicon Valley Bank, and Joseph DePaolo, former CEO of Signature Bank,...more
March 10, 2023- Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as...more
March 8, 2023- Today, Julie Chavez Rodriguez, Senior Advisor to the President and Director of the White House Office of Intergovernmental Affairs, Ambassador Susan Rice, Assistant to the President and Domestic Policy...more